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ASB-Renounceable Two-Call Rights Issue Of RM177,341,650 Nominal Value Of 2% 10-Year Irredeemable Convertible Unsecured Loan Stocks ("ICULS") At 100% Of The Nominal Value Of RM0.15 Each (Or Equivalent Of 1,182,277,666 ICULS ) With The First Cash Call Amount Of RM0.07 Per ICULS And the Second Non-cash Call Amount Of RM0.08 Per ICULS Paid Out Of The share Premium Account Of ASB, On The Basis Of RM0.525 Nominal Value Of ICULS (Or Equivalent To 3.5 ICULS) For Every One Ordinary Share Held ["Rights Issue"]

BackJan 30, 2008
Listing Circular
LISTING'S CIRCULAR NO. L/Q : 48454 OF 2008
Company Name
:
 ADVANCE SYNERGY BERHAD  
Stock Name
:
 ASB
Date Announced
:
 30/01/2008

Subject
:
ASB-Renounceable two-call rights issue of RM177,341,650 nominal value of 2% 10-year irredeemable convertible unsecured loan stocks ("ICULS") at 100% of the nominal value of RM0.15 each (or equivalent of 1,182,277,666 ICULS) with the first cash call amount of RM0.07 per ICULS and the second non-cash call amount of RM0.08 per ICULS paid out of the share premium account of ASB, on the basis of RM0.525 nominal value of ICULS (or equivalent to 3.5 ICULS) for every one ordinary share held ["Rights Issue"]

Contents
:
Kindly be advised that ASB's RM177,341,650 nominal value of ICULS (or equivalent of 1,182,277,666 ICULS) issued pursuant to the aforesaid Rights Issue will be admitted to the Official List of the Exchange and the listing and quotation of the ICULS on the Main Board under the "Loans" sector, on a "Ready" basis pursuant to the Rules of the Exchange, will be granted with effect from 9.00 a.m., Thursday, 31 January 2008.

The Stock Short Name, Stock Number and ISIN Code of the ICULS are "ASB-LA", "1481LA" and "MYL1481LAS14" respectively.

Kindly also be advised that the ICULS are prescribed securities. Dealings in the said securities shall be carried out in accordance with the Securities Industry (Central Depositories) Act, 1991 and the Rules of Bursa Malaysia Depository Sdn Bhd.
 
Kindly also be reminded that only "free securities" can be utilised for settlement of trades involving the aforesaid ICULS.